Jefferies & Co Upgrades Biogen Idec (BIIB) to Buy

November 2, 2009 9:43 AM EST

Jefferies & Co upgrades Biogen Idec (Nasdaq: BIIB) from Hold to Buy. Price target $50.

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Biogen Idec Inc., a biotechnology company, develops, manufactures, and commercializes novel therapeutics in the areas of oncology, neurology, immunology, and cardiology in the United States and internationally.


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